Investor Presentation July 11, 2016

Another Quarter of improving trends; NII growth at 38% Y-o-Y Q1 – FY17 Performance Highlights Y-o-Y PAT growth up by 26% ; Q-o-Q up by 7% Fee growth at 28% Y-o-Y; Non-Interest Income to revenue remains healthy at 42% NIM Y-o-Y up by 29 bps to 3.97%; sequential increase of 3 bps Deposit and CASA growth above industry - 31% and 30% Y-o-Y respectively Credit growth above industry - 30% Y-o-Y and 6% Q-o-Q Net NPA at 0.38%; Credit cost 15 bps for quarter Commenced operation of IBU branch at GIFT City; Network - 1004 branches and 1885 ATMs 2

Plan vs Outcome Planning Cycle 3 (2014–17) Loan Growth 25% - 30% 30% Q1-FY 17 Outcome Loan Growth 25% - 30% 30% CASA Growth CASA > 35% 34.4% Resulting in Fee Growth Exceed Loan Growth 28% Branch Network To Double from 602 1004 Customer Base To Double On track

Planning Cycle 3:Key New Initiatives Targeting “S” of SME Tractor Financing Retail Trade / FX RetRaieltAaislsAetssseRtasmp RamUpp Up Innovative Customer Offerings Real Estate Asset Reconstruction Front and Back Office optimization Full suite of Rural Products

How We Measure Up On Key Metrics Net Interest Margin (NIM) RoA RoE* 1.90% 1.93% 1.92% 1.90% 1.94% 20.36% QIP & Pref. Allot. Rs 5081 crs 3.88% 3.91% 3.94% 3.97% 3.68% 16.70% 15.05% 14.56% 14.05% Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 *on average equity Cost /Income Net NPA Revenue / Employee (Rs. Lacs) 0.38% 0.36% 47.04% 46.40% 47.28% 47.22% 47.03% 0.33% 38 38 0.31% 0.31% 35 36 36 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Consistent delivery of strong operating performance

Ratings ICRA AA+ for Lower Tier II subordinate debt program by ICRA ICRA AA for Upper Tier II bond program by ICRA CRISIL A1+ for certificate of deposit program by CRISIL IND A1+ for Short Term Debt Instruments by India Ratings and Research IND AA+ for Lower Tier II subordinate debt program by India Ratings and Research IND AA for Upper Tier II bond program by India Ratings and Research IND AA+ for Senior bonds program by India Ratings and Research

Financial Performance

Steady Headline Numbers for Q1-FY17 Y-o-Y Growth Q-o-Q Growth Net Interest Rs 1,356 crs 38% 7% Income Other Income Rs 973 crs 28% 7% Core Fee Income Rs 782 crs 23% 1% Revenue Rs 2,329 crs 34% Operating Profit Rs 1,234 crs Net Profit Rs 661 crs 26%

Corporate Rs 55,087 crs Top line momentum Y-o-Y Growth Q-o-Q Growth Advances Rs 93,678 crs 30% 6% Corporate Rs 55,087 crs Consumer Finance Rs 38,591 crs 29% 6% Advances Deposits Rs 1,01,768 crs 31% 9% CASA Rs 35,043 crs 30% 7% SA Rs 19,091 crs 36% 11% Borrowings Rs 17,176 crs (20%) (22%)

Balance Sheet Q1FY17 Q1FY16 Y-o-Y (%) Q4FY16 Q-o-Q (%) (Rs Crs) Q1FY17 Q1FY16 Y-o-Y (%) Q4FY16 Q-o-Q (%) Capital & Liabilities Capital 596 531 12%  595 - Reserves and Surplus 17,786 10,650 67% 17,101 4% Deposits 1,01,768 77,693 31% 93,000 9% Borrowings 17,176 21,428 (20%)  22,156 (22%) Other Liabilities and Provisions 8,424 7,045 20% 7,205 17% Total 1,45,750 1,17,347 24% 1,40,057 Assets Cash and Balances with RBI 5,224 3,830 36% 4,521 16% Balances with Banks 6,193 8,191 (24%) 5,591 11% Investments 28,740 23,625 22% 31,214 (8%) Advances 93,678 72,243 30% 88,419 6% Fixed Assets 1,276 1,163 10% 1,255 2% Other Assets 10,639 8,295 28% 9,057 Business (Advances + Deposit) 1,95,446 1,49,936 1,81,419 8%

Profit and Loss Account (Rs Crs) Q1FY17 Q1FY16 Y-o-Y (%) Q4FY16 Q-o-Q (%) Net Interest Income 1,356.42 980.66 38%  1,268.21 7% Other Income 972.97 761.61 28% 912.80 Total Income 2,329.39 1,742.27 34% 2,181.01 Operating Expenses 1,095.60 819.55 1,029.82 6% Operating Profit 1,233.79 922.72 1,151.19 Provisions & Contingencies 230.47 123.33 87% 213.66 8% Profit before Tax 1,003.32 799.39 26% 937.53 Provision for Tax 341.94 274.35 25% 317.18 Profit after Tax 661.38 525.04 620.35

Key Financial Indicators Q1FY17 Q1FY16 Q4FY16 Return on Assets 1.94% 1.90% ROE (On average equity) 15.05% 20.36% 14.56% Cost / Income Ratio 47.03% 47.04% 47.22% Net Interest Margin 3.97% 3.68% 3.94% Net NPA 0.38% 0.31% 0.36% EPS (annualized, Rs. per share) 44.44 39.60 41.72 Capital + Reserves (Excl. Revaluation Reserve) 18,002 10,794 17,315

Well Diversified Loan Book Loan Book (Rs crs) 88,419 93,678 89,135 68,788 55,102 58% 59% 57% 44,321 59% 55% 51% 42% 41% 43% 49% 45% 41% FY13 FY14 FY15 FY16 Jun-16 Jun-16 (Excl Portfolio Acquisition) Consumer Finance Division Corporate & Commercial Banking (Rs crs) (Rs crs) Corporate Banking Jun-16 Utility Vehicle Loans Consumer Finance Jun-16 Small Corporates 12% Comm. Vehicle Loans 13,847 15% Utility Vehicle Loans 2,097 2% Small CV 2,133 2% Two Wheeler Loans 3,076 3% Car Loans 4,076 4% 2% Small CV 2% Large Comm. Vehicle Loans 15% Corporates 27,323 29% Mid size Corporates 17,119 18% Small Corporates* 10,645 12% Total Advances 55,087 59% Two Wheeler Loans 3% Car Loans 5% Tractor 1% Equipment Financing Credit 4% Card 2% Loan Against Property Mid Size Corporates 18% Tractor 1,229 1% Equipment Financing 3,435 4% Credit Card 1,258 2% *Includes Business Banking (Consumer Bank) Rs. 6,348 crs After regrouping the Loan Mix stands at 52:48 for Corporate : Consumer Large Corporates 29% Loan Against Property 5,585 6% BL, PL, GL, Others 1,855 2% Total Advances 38,591 41% BL,PL,GL 2% 13 6%

Diversified Corporate Loan Book Gems and Jewellery 5.93% Lease Rental 4.64% Telecom- Cellular 3.13% Real Estate 2.73% Power Transmission 2.16% Housing Finance Companies 1.79% NBFCs (other than HFCs ) /NBFC-MFI 1.63% Media,Entertainment & Advt 1.60% Steel 1.58% Constn related to infra.- EPC 1.55% Power Generation 1.45% Contract Construction-Civil 1.18% Other Industry 29.44%

Well Rated Corporate Portfolio 24% P E R C E N T 22% 20% Investment Grade Sub Investment Grade 18% 16% O F Unsecured Non Fund Based % Secured Non Fund Based % Unsecured Fund Based % Secured Fund Based % 14% R A T E D 12% 10% P O R T F O L I O 8% 6% 4% 2% 0% IB1 IB2+ IB2 IB2- IB3+ IB3 IB3- IB4+ IB4 IB4- IB5+ IB5 IB5- IB6 IB7 IB8 NPA (AAA) (AA+) (AA) (AA-) (A+) (A) (A-) (BBB+) (BBB) (BBB-) (BB+) (BB) (BB-) (B) (C ) (D)

Improving CASA profile Building CASA traction Expanding branch network Focus on target market segments Government business Capital market flows Key Non Resident markets Self employed and Emerging Corporate businesses Transaction Banking and CMS Mandates Differentiated service propositions CASA Uptick 34.7% 35.0% 34.1% 34.7% 35.2% 34.4% 35,043 30,232 32,724 28,085 25,300 26,945 Q4FY15 Q1FY16 Q2FY16 CASA (Rs.crs) Q3FY16 Q4FY16 % of Total Deposits Q1FY17 Current Account (CA) Savings Account (SA) 18.7% 18.6% 18.8% 16.6% 18.6% 16.6% 16.6% 16.1% 16.3% 15.7% 18.1% 15,478 15,952 14,107 17.5% 12,356 12,929 13,039 19,091 16,125 17,246 14,016 15,046 12,944 Q4FY15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q4FY15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 CA (Rs.crs) % of Total Deposits SA (Rs.crs) % of Total Deposits

Other Income Q1FY17 Q1FY16 Y-o-Y (%) Q4FY16 Q-o-Q(%) Core Fee 781.91 (Rs crs) Q1FY17 Q1FY16 Y-o-Y (%) Q4FY16 Q-o-Q(%) Core Fee 781.91 636.20 23%  774.19 1% Securities/MM/FX Trading/Others 191.06 125.41 52% 138.61 38% Total 972.97 761.61 28% 912.80 7%

Diverse Revenues from Core Fee Income (Rs crs) Q1FY17 Q1FY16 Y-o-Y(%) Q4FY16 Q-o-Q(%) Trade and Remittances 109.34 56.19 95%  97.27 12% Foreign Exchange Income 150.97 159.45 (5%)  140.07 8% Distribution Fees (Insurance, MF, Cards) 136.69 106.99 28% 138.36 (1%) General Banking Fees 55.53 48.94 13% 48.32 15% Loan Processing fees 215.06 141.69 52% 227.99 (6%) Investment Banking 114.32 122.94 (7%) 122.18 Total Core Fee Income 781.91 636.20 23% 774.19 1% Growth momentum continues on regular fee flows

Yield / Cost Movement 55,087 10.18% 51,870 10.08% 38,591 14.62% 36,549 12.07% 12.04% 9.64% 9.67% Yield on Assets Yield on Advances 6.93% 7.06% 5.67% 5.73% Cost of Deposits Cost of Funds Q1FY17 Q4FY16 •Yield on Assets/Cost of funds are based on Total Assets/Liabilities Segment-wise Yield Q1FY17 Q4FY16 Outstanding (Rs crs) Yield (%) Outstanding (Rs crs) Yield (%) Corporate Bank 55,087 10.18% 51,870 10.08% Consumer Finance 38,591 14.62% 36,549 14.90% Total 93,678 12.07% 88,419 12.04%

Credit Cost FY14 FY15 FY16 Q4FY16 Q1FY17 Corporate Bank 93.70 143.74 (Rs crs) FY14 FY15 FY16 Q4FY16 Q1FY17 Corporate Bank 93.70 143.74 257.68 70.40 64.65 Consumer Finance 169.97 195.19 243.82 78.10 79.70 Gross Credit Costs 263.67 338.93 501.50 148.50 144.35 (Basis Points on Advances) 48 49 57 17 15 Net Credit Cost 227.94 323.19 468.00 143.37 138.70 Net Credit Costs 41 53 16 PCR 70% 63% 59% 49% 53% 55% 64% 58% 51% 36% 42% 47% 45% FY14 FY15 Corporate Loan Book FY16 Q4FY16 Q1FY17 Consumer Finance Loan Book

Loan Portfolio - Movement in NPA and Restructured Advances (Rs crs) Opening Balance Q1FY17 Q4FY16 Corporate Consumer Total 382 395 777 311 370 681 Additions 94 159 253 106 168 274 Deductions 56 113 169 35 143 178 Gross NPA 420 441 861* 777* Net NPA 356 322 % of Gross NPA 0.91% 0.87% % of Net NPA 0.38% 0.36% Provision Coverage Ratio (PCR) 59% Restructured Advances 0.49% 0.53% *After sale to ARC Rs. 17crs (Rs. 40 crs)

NPA Composition – Consumer Finance - Vehicles (Rs crs) Com. Const. Small LAP/HL/ Q1-FY17 Utility TW Cars Tractor Cards Total Vehicle Equip. CV PL Gross NPA 150 27 48 23 98 20 50 3 22 441 Gross NPA % 1.08% 1.27% 1.39% 1.05% 3.15% 0.49% 0.68% 0.24% 1.73% 1.14% Com. Const. Small LAP/HL/ Q4-FY16 Utility TW Cars Tractor Cards Total Vehicle Equip. CV PL Gross NPA 141 25 41 20 93 38 - 17 395 Gross NPA % 1.00% 1.21% 1.26% 0.98% 3.02% 0.50% 0.65% - 1.45% 1.08%

CRAR 30 Jun 16 31 Mar. 16 Basel – III Risk Weighted Assets (Rs Crs) 30 Jun 16 31 Mar. 16 Basel – III Risk Weighted Assets - Credit Risk, CVA and UFCE 1,05,027 99,360 - Market Risk 5,091 5,462 - Operational Risk 11,466 - Total RWA 1,21,584 1,16,288 Core Equity Tier 1 / Tier 1 Capital Funds 18,000 17,350 Tier 2 Capital Funds 744 669 Total Capital Funds 18,744 18,019 CRAR 15.42% 15.50% CET1 / Tier 1 14.81% 14.92% Tier 2 0.61% 0.58%

Distribution Expansion to Drive Growth Strengthening Distribution Infrastructure Particulars Sept. 30, 2015 Dec. 31, Mar. 31, 2016 June 30, Branch Network 854 905 1,000 1004* ATMs 1,578 1,621 1,800 1,885 *includes 70 specialized branches Note: Numbers given above are total branches in each state Branch/Representative Office Strategic Alliance

Shareholding Pattern June 30, 2016 25 NRIs/ Director/ Others, 1.61% GDR issue, 10.86% Promoters, 14.88% Individuals, 6.59% MFs / Banks/ Insurance Co, 11.82% Private Corporates, 10.76% FIIs*, 43.48% *includes FPIs 25 25

New Launches & Tie-ups

Indus Mobile Finger Print Banking 27 27

Non Banking Sports Vertical – IndusInd For Sports Refer www.indusind.com/forsports/ 28 28

Gift City – IFSC Banking Unit Starts Operations in IFSC Banking unit in GIFT city 29 29

Tie - ups & MoUs Lohia Auto Industries signs a MOU for national 3Wheeler retail finance with IndusInd bank Tie up with Reliance General Insurance for distribution of Insurance products Honda inks national 2Wheeler retail finance MoU with IndusInd Bank Ltd. 30 30

Accolades

Accolades IndusInd Bank was recognized as a ‘Symbol of Excellence’ in the Banking category, at Economic Times Best BFSI Brands 2016 32 32

Thank you

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